Google CEO Sundar Pichai reportedly got agitated during a “hot” all-hands meeting in which an employee asked why the search engine was “nickel-and-dimming” workers, stripping them of perks and benefits.
Pichai, who has been pressuring Googlers to increase productivity amid a sharp economic downturn, held court this week at a meeting in New York, during which he His employees harassed him over the cuts in travel and entertainment budgets.
One worker called Pichai the nerve to ask why Google was a “nickel-and-dimming employee” when the company reported “record profits and huge cash reserves.” For audio obtained by CNBC.
According to CNBC, Googler’s pointed question received a positive response by his colleagues, who rated it highly on the company’s internal Dory Q&A system.
Pichai reportedly paused to gather his thoughts and give a measured response.
“How do I say that?” The CEO is said to have told the disgruntled employee.
Pichai continued, “Look, I hope you all are reading the news from outside.” “The fact that, you know, we’re getting a little bit more responsible through one of the toughest macroeconomic conditions we’ve been going through over the past decade, I think it’s important that as a company, we’re like this. Let’s come together to achieve moments.”
Pichai is said to have seemed annoyed, stating his accusations: “We don’t always get to choose macroeconomic conditions.” He said it was important for the company to “be smart, be frugal, be timid, and be more efficient.”
“I remember when Google was small and scary,” Pichai said.
“Fun isn’t always there – we shouldn’t always equate fun with money. I think you can walk into a hardworking startup and people will be having fun and it doesn’t always have to equate to money.”
An employee commented on Dory that it was ironic for Pichai to cut travel expenses while at the same time traveling to New York from his Bay Area headquarters to meet her.
The employee reportedly wrote on the lanyard, “An interesting choice to live in New York for the beautiful…
“I’m sure Sundar has business-important meetings in New York.”
Pichai replied: “I think so. I think it deserves. According to CNBC, the response sparked laughter from the audience.
CEO, Joe Signs of layoffs after the company is put in place A hiring freeze earlier this summer also backfired against an employee’s suggestion that Google be transferred The strategy of “aggressive cost savings”.
“I’m a little concerned that you think you’ll define what we’ve done as aggressive cost savings,” Pichai said. “I think it’s important that we don’t get disconnected. You need to take a long-term approach through situations like this.”
Pichai, who avoided a question about executive pay at Google, said the firm is “still investing in long-term projects like quantum computing.”
Pichai received a salary of $ 6.3 million last year.
The Wall Street Journal reported earlier this week that Google has informed some employees that they must apply for new jobs within the company if they hope to stay on.
Those who failed to reapply within 90 days will be let go, Journal reported.
Google’s parent company, Alphabet, reported that it had 174,014 employees on its payroll as of the end of the second quarter.
In July, Alphabet reported weaker-than-expected earnings and revenue. The company forecasts that its third-quarter sales growth will fall into the single digits — a far cry from the more than 40% figure from a year ago.
Alphabet shares fell 1.4% on Friday.
The Post has sought comment from the company.
An Alphabet spokesperson told CNBC: “Sundar has been talking to the company consistently over the past few months to see how we can be more focused.”
According to the spokesperson, Pichai told his employees that the company’s “leaders are working towards being responsible and efficient for their teams.”
Pichai told his employees that managers are “making sure our people are working on the job with the highest impact/highest priority,” according to a company representative.